Sam Altman, the CEO of OpenAI, has launched Worldcoin, a new cryptocurrency project that aims to revolutionize the way we verify identity online. The project uses eye scans to verify users’ identities, and has already started rolling out its services globally. Here’s what you need to know about Worldcoin:
- Proof-of-Personhood: Worldcoin’s blockchain platform is based on the concept of “proof-of-personhood,” which uses biometric data to verify a user’s identity. The project’s “orb” devices scan users’ eyes to create a unique identifier that is linked to their Worldcoin account.
- Global Rollout: Worldcoin has already started rolling out its services globally, with 1,500 orbs being deployed in locations around the world. The project aims to create a reliable and secure way for people to verify their identity online, which could have far-reaching implications for everything from online voting to financial transactions.
- Mixed Reactions: The launch of Worldcoin has drawn mixed reactions from the crypto community, with some praising the project’s innovative approach to identity verification, while others have raised concerns about privacy and security. Altman has acknowledged these concerns, stating that the project is committed to protecting users’ privacy and ensuring that their data is secure.
Worldcoin is reportedly “in advanced talks” for a fresh investment round worth over $100 million. The round is backed by both existing and new investors, according to sources. Worldcoin aims to create a global digital currency that is distributed to everyone in the world in a fair and equitable manner. The project is a bold experiment at the intersection of AI, identity, and finance, and has the potential to transform the way we interact online
The Worldcoin team believes that Scatterbrain is a more secure and private way to create user accounts than traditional methods like email addresses or phone numbers. They also believe that it will help to ensure that Worldcoin is accessible to everyone, regardless of their digital literacy or access to technology.